Economía

The most franchised company in the world isn’t McDonald’s or Starbucks

Despite the seeming ubiquity of McDonald’s Golden Arches and the Starbucks’ twin-tailed mermaid, sandwich chain Subway actually has the most locations of any restaurant worldwide. In 2017, Subway had 43,912 stores around the world, beating second-place McDonald’s at 37,241 and third-place Starbucks at 27,339 locations. This number, however, belies the economic reality: while McDonald’s and […]

Economía Historia

Market wants ‘decisive action’ so Turkey needs to raise rates: Yale economist Stephen Roach

Turkey’s central bank needs to raise interest rates to contain the country’s financial crisis, veteran economist Stephen Roach told CNBC on Monday. Earlier in the day, Turkish lira dropped to a new all-time low of 7.24 against the U.S. dollar. It later pared some of those losses to trade around 6.99. «The markets clearly want much more decisive action,» […]

Economía Literatura

European stocks open slightly higher as Turkey crisis weighs on sentiment

Shares in Europe open slightly higher Wednesday as concerns over the Turkish currency crisis continue to affect investors’ appetite. However, trading flows were also sluggish as a number of European bourses are closed due to a public holiday, including Italy, Greece and Austria. The pan-European Stoxx 600 was up by 0.18 percent with most sectors […]

Economía Historia

China’s ‘unwritten’ tech rules China reportedly could use its 'unwritten' tech rules as an 'invisible tool' against US firms

With Sino-American trade tensions escalating, China’s cybersecurity standards could be used as an «invisible tool» for retaliating against Washington’s tariffs, according to one expert. Such standards are government-issued operational guidelines that are technically voluntary, but are oftentimes treated as mandatory by foreign firms’ Chinese business partners. If Asia’s largest economy were to weaponize the listing […]

Arte Cultura Economía Historia Literatura Política Salud Tecnología

ITF President David Haggerty optimistic

ITF President David Haggerty said he is optimistic for approval, which he said would be good for the sport’s growth. “The money that we will make will go to the nations to put into their development programs for juniors and for the future of tennis,” Haggerty said Tuesday during a conference call. ITF President David […]